With Another Brexit Delay, More Uncertainty—and a Glimpse at Future British Trade

Despite saying that he would “rather be dead in a ditch” than delay Brexit, British Prime Minister Boris Johnson was forced to do just that late Saturday night, sending a letter to the European Commission requesting another extension for the United Kingdom’s long-awaited departure from the European Union. As with two earlier delays, the core challenges to resolving Brexit remain avoiding a highly disruptive, “no-deal” exit; keeping the Irish land border open; and defining trade relationships with the EU and the rest of the world that mitigate the costs of leaving the world’s largest customs union. The British Parliament refused […]